The coronavirus outbreak is painting a bleak outlook on the country’s economy. With the two-week restricted movement order (from 18th March – 31st March 2020) issued by the Malaysian government, the nation is facing greater financial uncertainty.
What does it mean for property buyers? If you or your loved ones are affected by this pandemic situation, several banks have offered financial assistance to reduce your financial burden throughout this difficult period. Malaysians can now apply to defer loan repayments up to 6 months from their respective banks.
These repayment schemes vary from one another. See the list below to know the assistance offered by the banks and how you can contact them.
Requirements & Contact Information
RHB Islamic Bank Berhad
Hong Leong Bank
Making mortgage payments can add to the stress during this difficult time. To reduce your financial burden and ease your cash flow management throughout the COVID-19 pandemic, it is worth exploring the relief measures that your bank is offering.
If you know a friend or a loved one who is currently affected by the virus outbreak, do let them know of this useful financial support.
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